Beekay Steel Industries Ltd has successfully completed its postal ballot process, with shareholders overwhelmingly approving the appointment of two key directors to strengthen the company's leadership team.

Postal Ballot Results Declared

On January 5, 2026, the company declared the results of its postal ballot conducted through remote e-voting. Both resolutions were passed with the required three-fourths majority, marking a significant milestone in the company's governance structure.

Voting Statistics

The postal ballot witnessed strong participation from shareholders, with comprehensive voting results across different categories:

Director Appointments Confirmed

Lokanath Sahu - Whole-time Director (Operation)

• Director Identification Number (DIN): 11376365
• Term: 5 years effective from November 12, 2025
• Monthly Remuneration: ₹2,94,320
• Specialization: DRI operations expertise

Binod Kumar Tulsyan - Independent Director

• Director Identification Number (DIN): 09025810
• Term: 5 years effective from November 12, 2025
• Role: Independent oversight and governance

Scrutinizer's Report

Mr. Santosh Kumar Tibrewalla, Practicing Company Secretary (Membership No. 3811), served as the scrutinizer for the postal ballot process. His report confirmed the validity of the voting process and the overwhelming support for both appointments.

Company Overview

Beekay Steel Industries Limited operates in the steel sector with a current market capitalization of ₹804.94 crores, classified as a Small Cap company. The company trades on BSE with scrip code 539018 and ISIN INE213D01015.

Strategic Implications

The successful appointment of these directors represents a strategic move to enhance both operational capabilities and corporate governance. Lokanath Sahu's expertise in DRI operations aligns with the company's operational focus, while Binod Kumar Tulsyan's role as Independent Director strengthens board oversight and governance practices.

The overwhelming shareholder support, with 100% of votes cast in favour of both resolutions, demonstrates strong confidence in the company's leadership decisions and strategic direction.

Beekay Steel Industries Limited , a prominent player in the steel and allied products manufacturing sector, has announced its unaudited financial results for the quarter and half-year ended September 30, 2025, along with key board appointments.

Financial Performance

The company reported a robust financial performance for the half-year period:

This strong profit performance demonstrates the company's resilience and operational efficiency in the challenging steel industry landscape.

Revenue and Operations

For the quarter ended September 30, 2025, Beekay Steel Industries reported:

The company's primary business activities include manufacturing of steel and allied products such as sponge iron, TMT and long products, specialty alloys, and power generation.

Board Appointments

The Board of Directors has approved two key appointments, subject to shareholder approval through postal ballot:

1. Mr. Lokanath Sahu (DIN: 11376365) has been appointed as Whole Time Director (Operation) for a term of 5 years, effective from November 12, 2025. Mr. Sahu brings over 22 years of professional experience in DRI operations within integrated iron and steel plants.

2. Mr. Binod Kumar Tulsyan (DIN: 09025810) has been appointed as an Independent Director for a 5-year term, also effective from November 12, 2025. Mr. Tulsyan, a B.Com graduate from Calcutta University, has extensive experience in purchase management and marketing, along with a background in trading and broking of yarn and fabrics.

Financial Position

As of September 30, 2025, the company's consolidated financial position shows:

Beekay Steel Industries continues to navigate the dynamic steel industry landscape, leveraging its diverse product portfolio and operational expertise. The company's focus on steel and allied products manufacturing, including specialty alloys and power generation, positions it well in the market.